How to Lend Mantle (MNT): A Step-by-Step Guide for the UK

Introduction

Lending Mantle can be an excellent option for those who wish to hold MNT while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.

Step-by-Step Guide

1. Obtain Mantle (MNT) Tokens
To lend Mantle, you need to possess it. To obtain Mantle, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
YouHodler Mantle (MNT) 0.98
Coinbase Mantle (MNT) 0.98
Kraken Mantle (MNT) 0.98
Uphold Mantle (MNT) 0.68
Bake Mantle (MNT) 0.98
BingX Mantle (MNT) 0.99
View all 27 prices
2. Choose a Mantle Lender in the UK
Once you have MNT, you'll need to choose a Mantle lending platform to lend your tokens. You can see some options here.
Platform Coin AER
YouHodler Mantle (MNT) Up to 30% AER
MEXC Global Mantle (MNT) Up to 500% AER
3. Lend Your Mantle
Once you've chosen a platform to lend your Mantle, transfer your Mantle into your wallet on the lending platform. Once it's deposited, it will start earning AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.

Platform	Coin	Price
YouHodler	Mantle (MNT)	0.98
Coinbase	Mantle (MNT)	0.98
Kraken	Mantle (MNT)	0.98
Uphold	Mantle (MNT)	0.68
Bake	Mantle (MNT)	0.98
BingX	Mantle (MNT)	0.99

Platform	Coin	AER
YouHodler	Mantle (MNT)	Up to 30% AER
MEXC Global	Mantle (MNT)	Up to 500% AER

What to Be Aware Of

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.

Latest Movements in the UK

Mantle (MNT) is currently priced at US$500 with a 24-hour trading volume of US$167.42M. The market cap of Mantle stands at US$3.91B, with 3.36B MNT in circulation. For those looking to buy or trade Mantle, YouHodler offers avenues to do so securely and efficiently

Market capitalisation: US$3.91B
24-hour volume: US$167.42M
Circulating supply: 3.36B MNT

See the latest information

Frequently Asked Questions About Lending Mantle (MNT) in the UK

What is Mantle and what problem does it aim to solve?: Mantle is a blockchain project focused on providing scalable, efficient Layer 2 infrastructure designed to improve transaction throughput and reduce costs for decentralized applications. By operating as a rollup-based solution, Mantle aims to alleviate congestion on mainnet networks, enable faster finality, and offer developers a more cost-effective environment to deploy and run smart contracts. This makes Mantle attractive for dApps that require high transaction volume, such as decentralized exchanges, games, and NFT platforms, without sacrificing security or decentralization.
What is the current price of Mantle (MNT) and how has it changed recently?: Mantle (MNT) is trading around $0.887 per token. In the last 24 hours, the price declined slightly by about 0.54%, reflecting typical market fluctuations. The circulating supply is approximately 3.25 billion MNT out of a max supply near 6.22 billion MNT. As with all cryptocurrencies, price can be influenced by broader market trends, project updates, and on-chain activity. If you’re considering an investment, monitor the latest price feeds from reliable exchanges and Mantle’s official channels for any announcements that could affect valuation.
How many Mantle tokens are in circulation, and what is the max supply?: As of now, about 3.25 billion Mantle tokens (MNT) are circulating, with a maximum supply of roughly 6.22 billion MNT. This implies that nearly half of the total supply is currently in circulation. Understanding the supply dynamics is important for assessing potential inflationary pressure and long-term value. Token issuances, burn mechanisms, and future protocol updates can influence the remaining supply and the rate at which new tokens enter circulation.
What are Mantle’s key use cases and how can developers leverage its network?: Mantle’s core use case is to provide scalable Layer 2 infrastructure for dApps. Developers can deploy smart contracts and execute high-throughput transactions with lower gas costs and faster finality compared to base-layer networks. Mantle typically supports account abstraction, rollup technology, and compatibility features that allow existing Ethereum-based ecosystems to port over with relative ease. For developers, this means cheaper testing environments, reduced operational costs for users, and improved UX for transaction-heavy applications like DeFi, gaming, and NFT platforms. Be sure to review Mantle’s developer documentation and testnet resources to understand deployment steps, security considerations, and integration guides.
Is Mantle secure, and what security measures should users look for when interacting with Mantle-based applications?: Mantle prioritizes security through Layer 2 architecture that inherits security properties from its underlying base layer, while also implementing its own validation and fraud-proof mechanisms typical of rollup designs. When interacting with Mantle-based apps, users should: enable hardware wallets for signing transactions, verify smart contract addresses and project credibility, and use reputable wallets and explorers. Keep an eye on official security advisories, audits, and bug bounty programs announced by Mantle. Regularly updating software and using approved dApps reduces the risk of exploits, phishing, or malicious contracts.